Archive : Business

Though majority of people has realized that they need life cover, not everyone knows what sort of and how much to cover. In our busy lives, we have no time to think about death, but death is as real as life and none knows when and how it can come. So, it’s good to think Read more

If you are thinking that electronics’ makers sailing smooth despite economic downturn, you need to think again at least the revision of profit forecast from Panasonic seems to suggest so. The company has slashed its profit forecasts by 40% for the present fiscal year. Panasonic was expecting to make 560b yen in the current fiscal Read more

The term revenue means the income that a company receives from its normal business activities, usually from the sale of goods and services to the customers. Income which a company earns through dividends, interest or royalties amount paid by other companies is also called as revenue. Revenue may refer to the income earned through a Read more

Hewlett-Packard (HP), the world’s no.1 PC maker, posts a better-than-expected net profit in the fourth quarter and beats Wall Street analysts’ forecasts According to HP, it made a $1.03 net profit on each share excluding charges. It was 3% higher than what the Wall Street analysts were expecting. After that news, there was a 10% Read more

In the past, temp agencies where used for hiring people to fill in vacancies for workers who were on holidays. But with the passage of time a lot changes have occurred and now the temporary employment industry has evolved into an industry which tries to utilize highly skilled workers for temporary staffing. This industry employs Read more

In an announcement, Virgin Mobile has confirmed that it will shed 10 % of its staff over the next year. The recent buyout of Helio will become the cause to lay off 10 % of the strong workforce. According to the company, acquisition of Helio and the move to an IBM-contracted IT infrastructure was the Read more

High value of the yen and intense decline in the US car market became the cause of 41% fall in Nissan half-year profits. Nissan made a net profit of 126bn yen between April and September, while it was 212bn yen a year earlier. There was an overall 4.7% rise in sales, but in the US Read more

Public relations are considered one of the most important tools for public relations firms for their business development. If a public relations firm enjoys a good name, the other companies notice that and like to hire it. Usually, when a firm hires a public-relations team, it wants 100% exceptional efforts from it. When a public-relations Read more

A sharp rise in Asian financial markets is observed after fresh moves to deal with global financial crisis. In morning trading, Nikkei gained 13% while Sydney up by 5%. On Monday, Wall Street shared rocketed 11% and the mentioned gains in Asian financial markets came after that. In Wall Street, the investors welcomed the fresh Read more

Unsecured business loans could turn out to be the source of some financial support for any issue related your trade. You can easily use this money to buy raw material or upgrade machinery, pay off credit card debts, renovate your office etc. However, you must always try to get such a loan at lower costs Read more

Because of an industry-wide slowdown in sales, the French carmaker Renault announces 6,000 job cuts. According to Renault, about 4,900 jobs would be cut in France while the number would go 1,100 in other European countries. However, a severe reaction has been shown by the French unions to the news and CGT union has called Read more

These days most of the small businesses prefer to lease equipment instead of buying them. Banks are quite aware of this emerging trend and that’s why they have started providing small business equipment finance facilities and lease financing to small businesses. But there are some things that you must consider when leasing equipment for your Read more

The predicted market share for the third quarter has been lowered by the world’s largest mobile phone maker. The statement became the cause to push its shares down 9.6% to 14.20 euros that was the lowest level since 2005. According to Nokia, problems with the production of its new mid-range phones and rivals’ aggressive pricing Read more